Yes, you can. It can be more complex than if you don’t have a default on your credit file, but there are specialist lenders that are willing to lend to you. You’ll just have to meet their lending criteria. That means the factors they have in place to determine whether to approve or not approve your mortgage.
Just as lenders have their own different lending criteria, they also view different kinds of defaults differently too. For example, if you’ve got a default on your mobile phone contract, most lenders won’t see that as serious as a default on a secured loan.
If you have other credit issues in addition to a default, your mortgage application will be more complicated. Examples of credit issues are: a CCJ, IVA or are on a debt management plan.
It’s a good idea to check your credit history to see what’s on there before you apply for a mortgage. And working with a specialist mortgage broker who’ll be able to advise you on your options.
We get how it feels when you’re refused a mortgage. We’ve been there. Haysto exists because the mortgage world is broken. If you don’t have a shiny credit rating, you’re self-employed with a complex income, or just don’t fit the mould, the odds are completely stacked against you. We just don’t think that’s fair.
Unlike others, we only work on bad credit, self-employed and complex mortgages. That’s all we do. And we’re up for a challenge.
No robots, no automated answers. We use technology to connect you to a real person. Not replace them.
Our platform connects you to the perfect specialist broker for free. We only get paid when your mortgage is approved.
Using our platform guarantees you’ll be matched with an expert who has a proven track record of making mortgages possible for people like you. Less processing, more understanding.